TETRA Technologies (TTI) Scheduled to Post Quarterly Earnings on Tuesday

TETRA Technologies (NYSE:TTI) will be releasing its earnings data after the market closes on Tuesday, October 29th. Analysts expect TETRA Technologies to post earnings of $0.04 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

TETRA Technologies (NYSE:TTI) last released its quarterly earnings results on Wednesday, July 31st. The oil and gas company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.03). The company had revenue of $171.94 million during the quarter, compared to analysts’ expectations of $180.66 million. TETRA Technologies had a net margin of 1.61% and a return on equity of 18.84%. On average, analysts expect TETRA Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

TETRA Technologies Price Performance

TTI opened at $3.06 on Monday. TETRA Technologies has a 1 year low of $2.68 and a 1 year high of $5.80. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.41 and a quick ratio of 1.72. The company has a market capitalization of $401.29 million, a price-to-earnings ratio of 19.13 and a beta of 2.04. The firm’s fifty day moving average price is $3.12 and its two-hundred day moving average price is $3.50.

Analyst Ratings Changes

A number of brokerages have issued reports on TTI. EF Hutton Acquisition Co. I raised shares of TETRA Technologies to a “strong-buy” rating in a research report on Monday, October 21st. StockNews.com raised TETRA Technologies from a “sell” rating to a “hold” rating in a report on Wednesday, October 16th. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $7.00.

TETRA Technologies Company Profile

TETRA Technologies, Inc, together with its subsidiaries, operates as an energy services and solutions company. It operates through two segments, Completion Fluids & Products Division and Water & Flowback Services. The Completion Fluids & Products segment manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa.